VELVET OÜRegistered
Key figures
1 505 382 €−3,8%
Revenue 2025
+2,8%
Average annual growth 2019–2025
Ratios
2025−4,6%
Profit margin
−4,2%
EBITDA margin
39,5%
Equity ratio
1,5×
Current ratio
−36,0%
Return on equity
3200 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 421 459 € | 18 | 94 630 € |
| Q1 2026 | 401 863 € | 19 | 105 376 € |
| Q4 2025 | 436 014 € | 20 | 126 407 € |
| Q3 2025 | 289 106 € | 22 | 78 443 € |
| Q2 2025 | 408 477 € | 23 | 109 922 € |
| Q1 2025 | 351 194 € | 24 | 70 752 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
202454 369 €
202351 884 €
202262 058 €
20219371 €
202024 697 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 431 460 | 442 047 | 506 319 | 534 038 | 547 204 | 353 563 | 455 855 |
| Total non-current assets | 54 107 | 46 470 | 41 410 | 46 226 | 47 419 | 39 839 | 33 683 |
| Total assets | 485 567 | 488 517 | 547 729 | 580 264 | 594 623 | 393 402 | 489 538 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 254 413 | 244 877 | 265 328 | 238 785 | 248 232 | 130 116 | 295 926 |
| Non-current liabilities | 13 062 | 6349 | 0 | 0 | 0 | — | — |
| Total liabilities | 267 475 | 251 226 | 265 328 | 238 785 | 248 232 | 130 116 | 295 926 |
| Share capital | 4100 | 4100 | 4100 | 4100 | 4100 | 4100 | 4100 |
| Retained earnings of previous periods | 182 093 | 189 293 | 223 818 | 216 241 | 285 493 | 287 512 | 258 775 |
| Profit for the year | 31 897 | 43 896 | 54 481 | 121 136 | 56 796 | −28 736 | −69 673 |
| Reserves and other equity | 2 | 2 | 2 | 2 | 2 | 410 | 410 |
| Total equity | 218 092 | 237 291 | 282 401 | 341 479 | 346 391 | 263 286 | 193 612 |
| Income statement | |||||||
| Sales revenue | 1 275 820 | 1 638 941 | 1 529 641 | 1 996 543 | 1 975 298 | 1 564 784 | 1 505 382 |
| Operating profit | 37 997 | 49 402 | 56 175 | 132 611 | 67 238 | −18 485 | −69 683 |
| EBITDA | 49 942 | 60 558 | 67 056 | 143 904 | 79 234 | −9890 | −63 483 |
| Profit before income tax | 37 401 | 49 041 | 56 007 | 132 535 | 67 258 | −18 444 | −69 673 |
| Profit for the reporting year | 31 897 | 43 896 | 54 481 | 121 136 | 56 796 | −28 736 | −69 673 |
| Labour costs | 503 940 | 601 667 | 676 197 | 803 029 | 973 817 | 776 096 | 1 022 902 |
| Depreciation of non-current assets | 11 945 | 11 156 | 10 881 | 11 293 | 11 996 | 8595 | 6200 |
| Other indicators | |||||||
| Employees | 16 | 17 | 19 | 20 | 22 | 18 | 23 |
| Calculated dividend | — | 24 697 | 9371 | 62 058 | 51 884 | 54 369 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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